Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Jupiter Electric Mobility signs MoUs for BESS projects
Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons (JWL), today announced the signing of formal MoUs with Chalukya Power and Pickrenew Energy, two of India's marquee renewable energy developers. The agreements add 110 MWh of Battery Energy Storage System (BESS) business, comprising a mix of Utility-scale and Commercial and Industrial (C&I) deployments, to JEM Energy's orderbook for FY 2026-27.
Jupiter Wagons share jumps 10% as arm secures 110 MWh BESS orders
The buying on the counter came after Jupiter Electric Mobility Private Limited (JEM Energy), a subsidiary of Jupiter Wagons, signed a memoranda of understanding (MoUs) with Chalukya Power and Pickrene
Jupiter Wagons jumps as arm signs BESS deals worth 110 MWh
Jupiter Wagons rose 4.01% to Rs 288.10 after its subsidiary, Jupiter Electric Mobility (JEM), signed strategic agreements with renewable energy firms Chalukya Power and Pickrenew Energy for Battery Energy Storage System (BESS) projects.
Titagarh, Jupiter Wagons shares rally up to 10% amid reports of Rs 40,000 crore order from Indian Railways
Railway stocks surged up to 10% on Monday. Indian Railways is preparing a large tender for one lakh freight wagons. This procurement is expected over the next three to four years. The tender could be worth Rs 40,000 crore. This news boosts companies like Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering. Investors are watching these developments closely.
Railway wagon stocks in focus; Texmaco, Jupiter, Titagarh soar up to 13%
Titagarh Rail Systems soared 13 per cent to ₹870 in intraday on the back of a 10-fold jump in trading volumes. Texmaco Rail & Engineering surged 8 per cent, while Jupiter Wagons gained 7 per cent .